Neo-feudalism: the dragon

I only link to stuff anymore that really got me off. Here's Bruce Sterling's take on the unholy symbiosis of the high tech startup society and the new international Money Lords who are driving the middle class out of existence, delivered at a design conference in Berlin. He just nails it (sorry for the messy link, but I'm doing this on an iPad and don't know all the commands):

http://t.ritholtz.com/bigpicture/#!/entry/startups-are-not-disruptive-the-global-rich-get-richer,51849d3bda27f5d9d0ba0d68/media/1

When will a global conscience arise? There is no evidence of it among most of the Money Lords.

H/t boing boing via Ritholtz